Web Guide: Encyclopedia

Banking

Banking is the business carried out by banks and other similar organisations - typically holding money or valuables for safekeeping, and lending money.

Typically, a bank or a banking-related business makes its net profits from transaction fees on financial services or the interest spread on resources it holds in trust for clients while paying them interest on the asset.

Further possible topics for development:

History of Banking

Just some starting points:

• Jewish banking - Papal ban on lending for interest
• Florentine banking - The Medicis and Pittis[?] amongs others
• Banknotes - Introduction of paper money
• Bank of Amsterdam[?]
• Bank of Sweden - The rise of the national banks
• Bank of England - The evolution of modern central banking policies
• United States Banking

Specific Banking Services

• credit card
• debit card

See also: Currency, money, stock market, commodity market, Investment banking[?], Venture capital, SWIFT, central bank

Elsewhere

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